BEIJING, Oct. 23, 2015 /PRNewswire/ -- Qihoo 360
Technology Co. Ltd. ("Qihoo 360" or the "Company") (NYSE:
QIHU), a leading Internet company in China, today announced
changes to its senior management team.
The Company has appointed Dr. Chao
Yang as Chief Business Officer, primarily responsible for
the Company's sales and monetization activities. Dr. John Liu has resigned as the Company's Chief
Business Officer for personal reasons, effective immediately.
Furthermore, the Company has appointed Ms. Catherine Liu as Chief Strategy Officer,
primarily responsible for its overall strategic planning and
investment.
Mr. Guangdong Yu has resigned as the Company's Senior Vice
President for personal reasons and will serve as the Company's
Advisor Emeritus.
"Guangdong has been one of the key members of
our team since 2006. We truly appreciate his contributions to the
Company's growth and expansion. We look forward to working with him
in his new role. We would also like to thank Dr. Liu for his
efforts and contributions in helping the Company build important
business relationships with key international partners. We wish him
the very best," said Mr. Hongyi Zhou, Chairman and Chief
Executive Officer of Qihoo 360. "The Board of Directors and I would
like to take this opportunity to welcome Dr. Yang and Ms. Liu on
board. We believe their extensive knowledge and experience, as well
as strong track record of professional achievement would be
excellent additions to our executive team, and create great value
to the Company and its shareholders."
Before joining the Company, Dr. Chao
Yang had served as Chief Business Officer of the mobile
Internet business division of Telling Telecommunications Holding
Co., Ltd. (000829.SZ) since 2014. From 2007 to 2013, Dr. Yang
was Dell's President of the Greater China Region. Prior to that,
Dr. Yang was Vice President for sales and service at
Motorola and was in charge of the operators business in
Motorola Personal Device Group, China. Dr. Yang received his doctor of
business administration degree from the Hong Kong Polytechnic
University.
Prior to join the Company, Ms. Catherine
Liu was Head of China Technology investment banking at
Credit Suisse. She joined Credit Suisse in 2011. Prior to that, she
was a Vice President at Citigroup since 2009. Ms. Liu received a
master's degree in management from the University of California, Los Angeles.
About Qihoo 360
Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) is a leading Internet
company in China. The Company is
also the number one provider of Internet and mobile security
products in China as measured by
its user base, according to iResearch. Qihoo 360 also provides
users with secure access points to the Internet via its market
leading web browsers and application stores. The Company has built
one of the largest open Internet platforms in China and monetizes its massive user base
primarily through online advertising and through Internet
value-added services on its open platform.
For investor and media inquiries, please contact:
Qihoo 360 Technology Co. Ltd.
In China:
Tel: +86 10-5878-1574
E-mail: ir@360.cn
In the U.S.:
The Piacente Group, Inc.
Don Markley
Tel: (212) 481-2050
E-mail: qihu@tpg-ir.com
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SOURCE Qihoo 360